Crypto Mining News and Industry Updates
Two Bitcoin mining companies are winding down operations to focus on AI
U.S.-based companies IREN and Core Scientific have decided to move away from Bitcoin mining, repurposing their data centers to support artificial intelligence (AI). Their latest financial ...
Core Scientific sets year-end 2026 exit from Bitcoin mining as AI colocation revenue grows
Core Scientific is accelerating its shift away from cryptocurrency mining as artificial intelligence and high-performance computing become the main drivers of its business. The company says it ...
Heatbit device enables year-round bitcoin mining with useful heat, Alex Busarov explains
Alex Busarov of Heatbit described how his company's Bitwater element allows for mining bitcoin throughout the year while also generating heat that can be used for other purposes. Stephan Livera, ...
Zcash grants committee drops plan to redirect treasury to mining rewards
Pressure over the size and use of Zcash’s grant treasury is reshaping a wider funding debate across the privacy-focused crypto network. The committee now abandons a proposal to shift about ...
Cipher Digital posts quarterly profit as AI data center shift offsets mining revenue slump
Cipher Digital reports a quarterly profit as it redirects computing capacity from bitcoin mining to data center leasing for artificial intelligence customers. The result comes despite a sharp ...
Bitcoin network regains 1 ZH/s as mining capacity shifts beyond public operators
Bitcoin’s seven-day average hashrate has climbed back above 1 zettahash per second even as major listed miners keep reallocating capacity toward AI and high-performance computing. The rebound ...
Binance to shut down mining pool in November after six years
Crypto exchange Binance has announced that it will shut down Binance Pool and related services on November 10, 2026. Users have been advised to move their computing power to alternative ...
Pierre Rochard: Bitcoin mining criticism shifted debate to AI and IRGC issues
Pierre Rochard, CEO at The Bitcoin Bond Company, argues that criticism of bitcoin mining led to a broader debate about carbon emissions and the global warming narrative. He claims this shift ...
U.S. House crypto tax package excludes mining, staking reward deferral
A U.S. House committee is preparing to review a broad crypto tax package that addresses stablecoins, validator income and digital asset reporting rules. The measure leaves out a proposed provision ...
